A La Industria De La Marihuana Medicinal Le Imponen Un 100% De Impuestos A Sus Ganancias
Marihuana Medicinal (o Cannabis, o MM). Esto no es algo nuevo, pero últimamente es algo GRANDE. Los productores, cultivadores y dispensadores esperan obtener ganancias enormes de la venta de los productos de cannabis. Al igual que cualquier otro negocio legal, se espera que los distribuidores paguen una porción justa de impuestos por sus ganancias. Una…
Employee or Independent Contractor Audit Selection
Employee vs Independent Contractor Audits This company represents trucking construction trades, and other small to mid-sized businesses. In IRS examinations, among the top 3 most common areas we see for audit is the legal question of whether workers/drivers are independent contractors, or simply employees. Employees’ wages are reported to the federal and state governments on…
IRS Audits for Trucking Companies
Can an IRS tax examination mean big trouble for trucking and transport businesses? What does the government want to see? Why did they pick your company? It seems that every year, I represent at least one major trucking company in an IRS or state tax audit. I must admit, some of the harshest results can…
How to Setup an IRS Payment Plan
If you owe less than $25,000 to the IRS, you maybe can handle this without outside help. There. I said it. IRS has established a simplified collection process for relatively small tax liabilities. In other words, for back taxes up $25,000, there is a do-it-yourself process to help you create an installment agreement with IRS….
Worst IRS Nightmare … Ever!
Before you read another paragraph here, I must first explain: This is an embarrassingly true story of how dealing with the IRS Criminal Investigations can affect—no, TRANSFORM—a person. There is always a cost, but you have to protect what matters most. What’s The Worst That Can Happen? Some time ago, I gave a legal consultation…
IRS’s Pot of Gold – The Medical Marijuana 100% Tax
Marijuana (or Cannabis, or MM). It’s not a new thing, but with the explosion of legal medical marijuana, it’s the new BIG thing. In this article, IRS tax attorney Jeffrey Anton Collins takes a closer look at the taxation issues faced by legal cannabis businesses. Growers, cultivators, and dispensers expect to make huge profits on the…
Información Útil para Detener el IRS
Escucha la Entrevista en Televisión (En inglés) PROGRAMA DE ENTREVISTAS – SPECTACULAR CHICAGO ENTREVISTA con el ABOGADO DE IMPUESTOS JEFFREY ANTON COLLINS Entrevista con Jim Baltzer, anfitrión de Spectacular Chicago, y desde Downers Grove en el área de Illinois, Jeffrey Anton Collins, un abogado de impuestos, contador, y antiguo agente de la IRS. Ellos discuten…
Due Process to Stop IRS Collections
If IRS files a tax lien against you, you have a right to stop them. One way is by “Due Process of Law”, but without the help of a skilled tax lawyer, you don’t always get the chance to exercise that right. And that’s a problem. This legal term, “Due Process”, basically means fair treatment…
Is April 15 the Tax Filing Deadline this Year?
A friendly reminder from your Downers Grove tax attorney… April 15 Deadline is Adjusted to April 18 !! This year’s individual tax returns are due April 18, as Saturday, April 16, 2016, is Emancipation Day in the District of Columbia, and the holiday is observed on Friday, April 15. However, because Patriot’s Day will be…
5 Ways Businesses Can Get Tax Relief
Hear the TV Interview TV TALK SHOW – SPECTACULAR CHICAGO INTERVIEW with TAX ATTORNEY JEFFREY ANTON COLLINS Interview with Jim Baltzer, host of Spectacular Chicago, and from the Naperville, Illinois area, Jeffrey Anton Collins, a tax lawyer, accountant, and former IRS agent. They discuss what to do involving serious IRS problems. IRS Collection Notices All right….